IMP Powers rises 4% on Rs 52-crore order win

Moneycontrol BureauShare price of IMP Powers rose 4 percent intraday Friday on order win of Rs 52 crore from Naryana Vidyut Prasaran Nigam.The company has bagged an order to manufacture and supply of 2100 MVA power transformers worth Rs 52 crore from Naryana Vidyut Prasaran Nigam.The company's board meeting is scheduled to be held on February 14, to consider and approve the unaudited financial results (consolidated & standalone) for the quarter and nine months ended December 31, 2016.At 09:34 hrs IMP Powers was quoting at Rs 91.95, up Rs 2.40, or 2.68 percent on the NSE.Posted by Rakesh Patil